Marc Zahr - 15 Apr 2025 Form 4 Insider Report for Blue Owl Real Estate Net Lease Trust (NONE)

Role
CEO, Director
Signature
/s/ Karen Hager, as Attorney-in-Fact
Issuer symbol
NONE
Transactions as of
15 Apr 2025
Net transactions value
$0
Form type
4
Filing time
17 Apr 2025, 10:51:09 UTC
Previous filing
18 Mar 2025
Next filing
09 May 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NONE Blue Owl NLT Operating Partnership Units Award $0 +1,047,333 $0.000000 1,047,333 15 Apr 2025 Class I common shares of beneficial interest 1,047,333 By Blue Owl Real Estate Net Lease Trust CPV LV F1, F2, F3, F4
holding NONE Blue Owl NLT Operating Partnership Units 1,555,515 15 Apr 2025 Class I common shares of beneficial interest 1,555,515 Direct F1, F3
holding NONE Blue Owl NLT Operating Partnership Units 3,252,106 15 Apr 2025 Class I common shares of beneficial interest 3,252,106 By Augustus LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class I limited partner interests in Blue Owl NLT Operating Partnership LP, formerly known as OakTrust Operating Partnership, L.P. ("Blue Owl NLT Operating Partnership Units"), which may, subject to certain restrictions, be exchanged for a corresponding number of Class I common shares of beneficial interest, par value $0.01 per share or the cash equivalent. Blue Owl NLT Operating Partnership Units do not expire.
F2 Securities issued to Blue Owl Real Estate Net Lease Trust CPV LP, as performance allocation, a portion of which is allocable to the Reporting Person.
F3 Reflects a distribution by Blue Owl Real Estate Net Lease Trust CPV LP of 3,180,147.785 Blue Owl NLT Operating Partnership Units, including 818,252.827 Blue Owl NLT Operating Partnership Units distributed to the Reporting Person, previously received as a performance allocation.
F4 Reflects securities held by Blue Owl Real Estate Net Lease Trust CPV LP. The Reporting Person disclaims beneficial ownership of these securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.